New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups

The Renault-Nissan-Mitsubishi logo is displayed during a press conference in Paris on September 15, 2017, to present the Renault Nissan group strategy. Photo: Reuters

The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next week, the fund’s head said.

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